CHE · 10-Q · 2026Q1 · Full report

Macroeconomic Factors Impact

CHEMED CORP · 2026-04-28 · Importance 10 · Surprise 6

The Company is monitoring inflation, recently implemented tariffs and the potential imposition of additional or modified tariffs, and the impact of the war with Iran on fuel prices, which management acknowledges may adversely affect net sales and profitability. Management states that based on its preliminary analysis of the announced tariffs and other factors, it does not expect a material negative effect on net sales or profitability for the remainder of fiscal year 2026. The Company is continuing to evaluate these factors and its ability to offset cost increases through pricing actions and cost savings as part of fiscal year 2027 planning. Management also warns that continued economic pressures, high inflation, increased tariffs and higher fuel prices could negatively affect net sales and profitability in the future.

Key facts

• The Company monitors macroeconomic trends including inflation, effects of recently implemented tariffs, potential additional tariffs, and the impact of the war with Iran on fuel prices and does not expect a material negative effect on net sales or profitability for the remainder of fiscal year 2026 based on preliminary analysis
• The Company is continuing to evaluate the potential effects of tariffs, inflation and the war with Iran and the ability to offset cost increases through pricing actions and cost savings efforts for fiscal year 2027 planning